Real Estate Math
A Louisiana broker receives a $13,200 commission and keeps 40%, paying 60% to the associate. The associate then pays 10% of their share to their team leader. How much does the team leader receive?
A$528
B$792✓ Correct
C$660
D$1,320
Explanation
Associate's share = $13,200 × 60% = $7,920. Team leader's portion = $7,920 × 10% = $792.
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